November is Financial Literacy Month

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In 2014 the federal government launched an initiative to set goals and priorities to help Canadians better manage their finances and make appropriate decisions as their needs and circumstances change.  It is called the National Strategy for Financial Literacy—Count me in, Canada.

What is the purpose of FLM 2016?​​

​​This year’s FLM aims to rally organizations and individuals across Canada to strengthen the financial literacy of Canadians and empower them to achieve the following goals:   

  • managing debt wisely;
  • saving for the future; and
  • understanding their rights and responsibilities. ​

 

Over the years, I have often heard people comment on the fact that schools do not do enough to teach financial skills to our children. We are pleased to participate in creating awareness and will be using our social media tools to spread the word. Following is the recommended schedule for sharing information

 

This year’s FLM theme “Managing money and debt wisely: It pays to know!”

Week 1 (November 1-5) - Start with a budget 
Week 2 (November 6-12) - Live within your means 
Week 3 (November 13-19) - Know your rights and responsibilities 
Week 4 (November 20-26) - Have a savings plan
Week 5 (November 27-30) - Review your finances